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presidential debate between joe biden and republican nominee paul ryan. good evening, everyone. i'm larry kudlow. this is "the kudlow report." with mitt romney's resounding victory last week and his continuing victory the week after the debate and the fact that he is not rolling in momentum in the polls, the whole race has changed. barack obama was casing big bird for a week. he fell right into a trap, and that's why, folks, i venture this veep debate tonight could be far more significant than usual, and team obama is leaving it up to uncle joe biden to make their comeback. oh, boy. biden will have to make the case that president obama deserves a second term, and no one, including obama himself, has yet made that case. former presidential candidate newt gingrich who knows a thing or two about all of this is my very special guest. also this evening, the u.s. embassy in yemen was attack. expect the consulate attack in benghazi will be brought up in the debate tonight. neither president obama for vice president biden has faced the press with any tough questions about what did they know and w
. >> joe biden and paul ryan turn up the heat. trading blows oefrg from foreign policy to jobs and taxes. >> it shouldn't be surprising for a guy who says 47% of the american people are unwilling to take responsibility for their own lives. >> romney's a good man. he cares about 100% of americans in this country. >> oecd chief tells cnbc spain's prime minister isn't asking because there's a real fear leaders would possibly say no. >>> and investors hang up on japanese. it may be too costly. >> plus jpmorgan and wells fargo are set to report third quarter results. >>> this is the last trading day of the week here. and we have the i-8 report out that sees pricing easing. they have lowered their growth forecast, though. and it says iran exports hit a new low in september. so there's obviously a bit of a difference between what's going on in the short term forecast and the longer term, as well. so they're looking at annual supply growth of #.5 million barrels a day, average oil demand growth of 1.1 million a day. so over the next five years, sluggish economy will slow oil demand growth and mo
on top and it sets up the vice presidential debate on thursday between paul ryan and vice president joe biden, larry. >> all right. i'm looking for some rock 'n roll in that debate, john. >> you'll get it. >> many thanks to john harwood. let's get right to the distinguished panel. former assistant secretary of defense larry corps who worked in the reagan administration and richard williamson who is a senior romney foreign policy adviser. welcome, gentlemen. ambassador williams, i read the speech and tried to read it carefully. mitt romney is very critical of how president obama handled the benghazi killings and so forth and security risks. i want to ask you though specifically. in your judgment does mr. romney believe there was a cover-up going on in the white house when they put out susan rice, they already knew it wasn't the video. it was actually the al qaeda terrorists and others related to it that? will romney in the debate next week talk about a benghazi security cover-up regarding the baha obama white house? >> thanks for letting me be on. benghazi has to be seen we had 20 embass
. >> that big, toothy grin from joe biden last night, didn't that steal the show during the vice presidential debate? our political pundits and cable talking heads paying too much attention to the debating style of the candidates and not enough to their substance. >> we expect democrats and republicans to argue on this, but you know atmosphere in washington is toxic when two members of the same party can't even get along. so more of this incredible video. and i know both of these guys. >> you do? oh, my gosh. >> it's unbelievable what these guys are doing here. i'm ashamed for both of them. they are both saying they're apologizing for it. we'll get to that coming up. >> okay. so you know that maria bartiromo has already starred in "wall street never sleeps." what about this stroll through the park with matt damon? uh-huh. jealous. a preview of her next big screen appearance. you're going to have to stick around to find out. >>> some good news for consumers finally. gas prices falling today sharply. sharon is here with the details. >> that's definitely been the biggest mover here in the energy
night's debate with vice president joe biden. the first ten minutes sealed it. 43 million people watched and the polls are showing a snap cnn poll gave the win to ryan and so did the cnbc survey. biden's snarky, disrespectful laughing and out-of-control interruptions hurt him enormously. plus, he gave no reason for barack obama to be reelected ryan played and cool and smart. the best line today from marco rubio. take a listen to this. >> let me tell you, it's not easy to do a good job onstage when you have a heckler on the stage with you. >> biden misled everyone with a string of falsehoods. tonight we have the man who developed the cia's program that detects deception. what you'll hear from him is going to shock you. then again, maybe it won't. >> plussic brai ibreaking news, panetta warns a cyber pearl harbor is about to happen and the fingerprints point to iran. also tonight, the nobel peace prize gets awarded to the european union celebrating socialist bailouts and a useless bureaucracy. first up, ryan won the debate in the first ten minutes last night, that's if you ask me. the romn
." i'm becky quick and with joe kern kernen. andrew ross sorkin is at lincoln center. we have a packed agenda. joe biden and paul ryan clashing on on the economy and the mideast. we'll bring you highlights. plus everyone from washington to wall street is still buzzing about a cnbc exclusive. as the fiscal cliff near, steve liesman sat down with lloyd blankfein, alan simpson and irs skin bowles. >> people won't understand how critical this time in history is. we have $7.7 trillion worth of economic events that will hit america in the gut in december. and in washington they're doing nothing about it. nothing abit. we should be asking these guys running for president and every guy running for congress what are you going to do? >> we're accepting the challenge to do something about the looming fiscal cliff, so this morning we will ask each of our guests about the stakes and consequences for action and inaction. blankfein predicts that there would an huge positive impact on the economy and the markets if a bipartisan compromise is reached. he says he would be a buyer of the market as a resu
-sensing... honda accord. it starts with you. >>> in about 24 hours from you, vice president joe biden and republican vice presidential nominee paul ryan are going head to head in their only debate of the cycle. the tax discussion is going to be key. why suz president obama continue to spread falsehoods about the untrue romney $5 trillion tax cut? there is no such thing. but he calls him a liar. and that boils my blood a little bit. let's talk about this for a few moments. cnbc contributor jared bernst n bernstein. jared's got a lot at stake in this debate. >> and art laffer, laffer investments chief investment officer. i want to start with my pal, art laffer. where does this $5 trillion number come from and is it a good or bad thing, the romney tax reform? >> i think the romney tax reform is wonderful. i think what the president did was i think he looked at all the tax rate reductions and didn't realize that romney was also proposing a huge increase in the tax base by eliminating deductions, exemptions, exclusions and other loopholes. and there are lots of them that could be eliminat
as they're considering a public offering. and joe has more headlines. >> the leaves are changing color. east coast starting to feel the chill of autumn. that could only mean earnings season are upon us. i'm not sure why my headlines aren't exciting enough or ominous enough for the new music, but apparently they're not even though earnings are not expected to be that great. so you would think maybe i would have some music with my read here. there it goes. >> i'm even getting sick of it at that point, sorry. >> it's not going to be a good earnings season and i don't get the music. alcoa will report -- these earnings are up in the air. alcoa earnings coming after the close tomorrow. predicting s&p 500 results will cr drop 2.6%. that would snap 11 straight quarters of gain, hence the worry, the tension, the anxiety of the companies that have issued guidance 78 have warned. but it may not be all that bleak. always seems to be better than people think. on average 72% of companies have beaten analysts over the past four years. so 72%, they know how to do this. governor jerry browns has ordere
i'm becky quick along with joe kernen and andrew ross sorkin. and the s&p is coming off four straight days of red. the dow logged another triple digit loss yesterday. among the reasons were a tepid start to the earnings season and worries with sluggish global economic growth. the three major indexes are now in negative territory for the month. we'll talk about the markets this morning with roger altman who is the chairman of evercore partners. plus our what's working now series continues. today's featured guest is james kieffer. and as joe mentioned, the vp debate night. joe biden and paul ryan set to square off in kentucky. >> we think he's probably going to come at me like a can november ball. but the achilles' heel he has is president obama's record. >> i just want to make sure that when i say these things that i don't have the congress saying, no, no, i don't have that position or that's not the governor's position. >> among our guests this morning, reince priebus. also former senator ted kaufman. he once served as biden's chief of staff. and he's been prepping the vice p
debate, especially for the vice president himself, joe biden, in the wake of how the polls have shifted since last week's performance by the president at his debate. our john harwood sets the scene live from kentucky coming up. p. >>> also ahead -- >> i think the candidates know how serious it is. i think they're trying to avoid it. >> goldman sachs ceo pressing d.c. to get its act together on the fiscal cliff and the nation's debt along with alan simpson and erskine bowles. it's the interview you'll see only on cnbc. it's next, so keep it right here. >>> then, just a little bit later -- ♪ so good, so good, sugar >> it's the video the big soft drink makers do not want you to see ironically made by a former ad executive whose agency represented none other than coca-cola for years. someone here says to watch out because it's not exactly on the up and up. we're going to go to the front lines of the soda wars coming up. stick around. tdd#: 1-800-345-2550 let's talk about low-cost investing. tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost inves
opposi opposite directions. >> thursday night, joe biden is going to have his hands full with paul ryan. not only because ryan is smart but he is young looking and the youthful vote is going to flock to him. i think that is joe biden's biggest problem. >> i think he has been a liebility on the ticket and has had problems telling the truth. >> it has not been documented. >> i would like to ask you all a question, if you were president obama or his campaign and you heard governor romney say in a big foreign policy address that the -- >> you have gotten it wrong. >> i'm not going to accept the premise. >> he said negotiated. >> no, he didn't. >> look at the transcript. >> that is the truth. he has done as little as possible on trade. >> we will see on thursday night how the ryan debate goes with joe biden. right now i have to tell you ed, your man is in a heap of trouble. i appreciate it. >> jennifer rubin and steve, thank you very wuch. and to our big tweet. you have to love our cnbc intern. hi, don'those adds. coming up. an investigation exposes how the president's campaign may have viol
kernen. joe mentioned earnings reports last night from alcoa and yum. costco already out this morning with better than expected results. there's also news expected on chevron, fedex, toyota, microsoft, and best buy among others. we will have all those stories covered. plus, housing is going to be in focus today. it is a key component to the u.s. economic recovery. our guest host this morning understands this well. richard lefrak will be joining us in the next hour. also, we are continuing our week long series, what's working now. dan fuss is going to talk to us about where he's making money in the fixed income world right now. he's got a great record. i believe it's better than 10% over the last 20 years that he's been averaging. also it was a tweet heard around the world. jack welch questioning the jobs report last friday. today he is using a few more than 140 characters to explain. we're going to talk about his op ed. at 8:00 a.m., jack will be calling into the show to talk about things. all of that coming up. on the lighter side of things, we'll be talking sports. in b
joe mentioned greece. demonstrators were back in the streets of athens yesterday protesting against government austerity cuts. pensioners clashed with riot police and burned an eu flag. german chancellor angela merkel is scheduled to arrive in athens at about 6:30 eastern time today for a six hour visit. police banned protests in most of central athens and 6,000 officers are trying to keep control. this is merkel's first stop will greece since the debt crisis kree resulted back in 2009. and carolyn roth will be joining us live. >>> and both president obama and mitt roy in will be in ohio today. voters in the swing state are getting their last chance to register for next month's election. the polls are now all over the map. pew has romney up four points, but gallup says the positive jobs report gave president obama a five point boost. among our guests, ken langone and donald trump. and focusing on issues of foreign policy and national security, we have senator john mccain. and by the way, if you went to sleep early last night, the texans beat the jets 23-17. this win brings the texan
have been raised for today's debate between joe biden and paul ryan and new polls show the race for the white house has tightened. >> kelly and i might be wearing a dapper of red today. european stocks -- >> we didn't even plan it. we're just on the same wave length. >> stocks have a dash of green. not much, just a little. a welcome break if you're long in the markets after these days of losses. >> ten year moving higher, but not much. italy has been sitting at roughly those levels for some time now. gilts are benefiting, as well, from a bit of dissertation. 1.76% yield on that this morning. >> and on the currency market, euro-dollar, we got down to 1.2825 the october first sort of two week low. we're above that, steady really. the world back new president says his vision is to focus more on the poor and less on the economic policy. kadri is in tokyo where the meetings are taking plaes and she rejoins us, as well. so this is a repositioning of what the world bank wants to do? >> both the world bank and the imf. as far as the imf is concerned, they're in the midst of a reform pro
wealthy. >> i have a personal problem with this. i'll tell you why. joe biden and i know this to be fact, because i was forced years back to go to one of these fund-raising breakfasts that he had, it's in the public domain, you can see the family contributed $3,000 to the biden campaign in 2007 because we went to one of these breakfasts where he solicited people in the financial services industry. remember, he's from delaware. they've got a huge credit card business, all the money that he raised back in 2005, '06 and '07 i would tell you came from financial services. i sat in that breakfast, i know exactly the type of opinion he had about what wall street meant for main street back then. i know it's politics but this is a gentleman now who comes on, doesn't, doesn't in my opinion give any way, shape or form that this is a person who raised the bulk of his money during his senatorial career from financial services. i have a problem with that. >> yeah, he's known for being not a wealthy man. i think for a long time he was ranked the second poorest member of the senate. >> right. >> you're
him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. >>> here we are getting ready for the opening bell on wall street, just about a minute away. one stock that will be in focus today, as it is every day, apple. yesterday it broke the 50-day moving average to reach 10% down correction territory technically on apple but it did come back and it was on heavy volume. >> there was a battleground yesterday and scott wapner's unbelievable show, is this -- can apple keep going, slice through 623, i know down 10% i thought we issued a bulletin saying down 10%. we don't care anymore. if you want to own it for investment you can do it. this is controversial, doug cass saying this is wrong, i remain convinced when we se
the gun away from the head, sir. let's go to joe in florida. joe! >> caller: boo-yah, jim, from vero beach, florida. my question is about nps pharmaceuticals. sticker npsc. >> i like it as a good spec. you live by my friend near you, spanish house where i may surf this winter. jeff in new york, please. jeff! >> caller: how are you? love the show. >> thank you. >> caller: calling about opco health. the ceo has some new products coming out. >> i wish dr. frost would come back on the show. i would love to know what's really going on. the stock is a great spec. if the doctor comes on we can flesh it out even better. let's do that. leslie in florida, please. >> caller: boo-yah, jim. >> boo-yah. >> caller: i'm in sunny south ft. myers, florida. how about verizon? >> i got to tell you, verizon is under pressure because of the possibility of sprint and the t-mobile tie-up with pcs. verizon has a chart that looks like it will be peaking out. when it gets to 5% yield let's pull the trigger. let it come in a little. there is too much competition where there was none five weeks ago. eileen in ohio. >>
. in the other, wearing the blue, it's joe biden. and when the bell rings, these gentlemen will come out debating. we are just two days away from the next major event of the u.s. election season. the vice presidential debate in kentucky. you can catch all the action right here on cnbc. our own coverage will begin thursday at 8:00 p.m. eastern. ross, i cannot wait. i am so bummed, it's going to be hard to watch it over here because it will be so late, or early our time. >> do vp debates actually matter? >> they can, and i think in this case, when -- >> i'm not saying it won't be a good watch. i'm just wondering whether a it has any impact. >> i think traditionally do they have a lot of impact. maybe, does this one have the potential to be impactful? absolutely. >> it will be covered. a crucial deadline today. more as soon as we come back. >>> you're watching "worldwide exchange." these are your headlines. alcoa warning of slow demand from china. >> deadline day for the eads and bae. >> could risk pushing the global economy back into recession. >> bae systems and eads have until the end of the day
're looking for somebody to tell them the truth. and ryan will do that. joe, i know joe very well but i tell you, the reason they savage ryan, he's dealing with the driver in the engine compartment that can wipe out america and that's health care. you -- that's the engine. it's on automatic pilot. and it will suck up every discretionary part of the budget unless you put the brakes on and that's why they -- >> senator, i want to interrupt you on that. it sound to me that you are not displeased from what you're hearing from your candidates right now. we all agreed at the beginning it was unbelievable they didn't bring up the deficit. paul ryan opposes your plan. >> i know it. >> he dissented. >> and so did the president. everybody opposed -- we pissed everyone in america. nobody's doing anything for us. >> at the risk of pissing you off, what would you say to them? >> tell them we have a leaderless government and he can lead. this gentleman can't govern. he's doing politics day and night. >> erskine bowles, same question to you. if had a chance to advise obama and biden on what you want to hea
we get into this debate? >> i'm just looking, becky, for how aggressively lly joe biden after things his boss left on the table last week, bain capital, 47% video, auto bailout and how aggressively he pursues women voters raising the romney/ryan record on abortion and other issues related to women. >> do you think the onus is more on biden to offense? ryan the luxury of sitting back and riding the momentum that's happened since the first debate? >> i think biden does need to go on office but to some degree the bar is higher for paul ryan. in these guys tie which i think they will do it will be a wash, biden has succeeded in stemming the bleeding from the democratic base. and so to that degree, paul can't just go out and be equal to biden. he has to go out and be better than biden. >> he has to be on message. team romney is on a roll, is on a roll and the last week he's on a roll in the polls. that's why i'm saying ryan, he's got to be polite and respectful but on message and i believe economic growth and jobs, is the message. >> he has to have his youth. needs to let his youth take a
can expect joe biden's going to be very aggressive in going after mitt romney, perhaps using paul ryan and his budget plan to do that. and paul ryan's going to return the favor and go after barack obama. it is going to be an interesting night here in danville, center college which has hosted these debates before. guys? >> john, we look forward to seeing it upon thsee ing it tonight. >>> more on the sprint news this morning, former president and ceo of verizon wireless and author of "managers can you hear me now," denny stregl, good to see you. first i want to start off with the sprint news. should a deal proceed between softbank and sprint, how will that change the landscape and create a new competitor against a verizon and an at&t? >> melissa, i'm not sure that it will have a significant impact on the landscape. overall i think that if this deal does come to fruition and we'll know within probably the next several days, i think it would be good for sprint. i know dan hesse. the sprint ceo. he's an aggressive guy. he's a smart guy and i'm sure he'll do what's in the best interest of th
love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. bp has paid over twenty-threebp billion dollarsnt to the gulf. to help those affected and to cover cleanup costs. today, the beaches and gulf are open, and many areas are reporting their best tourism seasons in years. and bp's also committed to america. we support nearly 250,000 jobs and invest more here than anywhere else. we're working to fuel america for generations to come. our commitment has never been stronger. [ male announcer ] alka-seltzer plus presents the cold truth. i have a cold,  and i took nyquil, but i'm still stubbed up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ]
you solve it. and his new boss told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. >>> four minutes left in the trading session here. the order and balances were to the downside. looks like we're going to finish with four straight down days for the dow, and it'll be five in a refor t row for the nasdaq and s&p. >> look at where we were earlier in the morning. >> 95 at the high of the day. where was the strength? where was the weakness inside the dow? bank of america has been the leader today, but a gain of 1.5% there as we get ready for the earnings onslaught. and disney, that suit filed by stanley media. they claim they have the rights to things like spider-man and iron man. so disney stock has su
told him two things -- cook what you love, and save your money. joe doesn't know it yet, but he'll work his way up from busser to waiter to chef before opening a restaurant specializing in fish and game from the great northwest. he'll start investing early, he'll find some good people to help guide him, and he'll set money aside from his first day of work to his last, which isn't rocket science. it's just common sense. from td ameritrade. >>> defense secretary leon panetta sounding a warning to the growing cyber threat warning. he's calling on corporate america to do its part in fighting the battle. eamon javers has the story. >> hi, michelle. there were blunt words from the defense secretary speaking last night at a business nechevent iw york city. he told the business community he wants to enlist their help in fighting a potential cyber war against u.s. infrastructure assets. the defense secretary laid out a pretty stark set of worst case scenarios of what could happen if there's a cyber war. >> they could, for example, derail passenger trains or even more dangerous, derail trains loa
apple. >> wow. joe t.? >> exxonmobil. >> health care is it becoming the new grid sector? >> follow me on twitter at scott walker cnbc and power starts now. >>> lace them up. halftime is over. the second half of the trading day starts now. >>> indeed it does. speaking of apple, you know is shaping up to be a rough afternoon when you are using apple and correction in the same sentence. tech and materials taking a hit as the markets start the second half of the trading day in the red. we are going to help navigate you through that. >>> yum brands reports on day one of earnings season. what's on the menu and why their earnings may be a key economic indicator of global growth. >>> and free fuel for years. would that get you to buy that car? find out why honda is offering a big deal for a little car. >>> but we begin with the markets. tyler's off today. simon hobbs is my partner for the hour from the nyse. a lot of pressure in this market today, simon. >> let kick off with the markets. the s & p falling for a third straight day. the nasdaq 100 breaking below its 50-day moving average. intel
that are big into land which are up 56%. that's the st. joe company, the howard hughes corp., for rester group. or perhaps in the mortgage category. ellie mae is already up 405% going public last year. opportunities are vast. that is of course if you believe in this coming housing boom and if you want more stocks, details, they're all up on the charts on the blog. >> i can't decide whether i like ellie mae better than fancy back splashes. i love them both. beverly hillbillies. >>> dimon says housing has turned a corner. we want to ask you what you think. our yahoo! finance poll -- do you agree the boom is back? do you say not quite? it's improving where i live but not there yet? or third -- forget it, it's still a mess. we'll give you the results later on "power lunch." >>> let's get back to the bank earnings. the bottom line for some of these companies. housing is just one headline from today's report from jpmorgan and wells fargo. jpmorgan posting record profits. that stock is down 1.5%. wells fargo narrowly beating on the bottom line but it missed on revenues. the street's punishing that st
. "squawk box" begins right now. >>> good morning. i'm becky quick along with joe kernen and andrew ross sorkin. and among the story it is
this thursday on the 11th you've got paul ryan and vice president joe biden. this is going to be very important for obama's effort to stave off romney. then on the 16th you got the second obama-romney debate. on the 22nd final obama-romney debate. then the last friday before the election one more jobs number. my own inclination the job numbers aren't quite as "game change"ing for debates as for the reason voters know how they feel about the economy. they don't need a government report. it does get a lot of attention and we got a race that's plainly at this point even though obama still has a slight advantage in the battleground states this race can go either way. >> interesting. then we got the governor, of course, speaking at vmi about foreign policy, an area for which a little while he appeared to want to take the campaign, at least before the debate. how ground moving is this? >> reporter: i don't think it's very ground moving. it's not what people will vote on. for romney it's an effort to press a leadership advantage which may be one of the things that move the numbers for him after the de
Search Results 0 to 29 of about 30 (some duplicates have been removed)